Lowes is expected to pay a dividend of $2 at the end of the year. Following...

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Lowes is expected to pay a dividend of $2 at the end of the year. Following that, dividends will grow at 12% for one year, and then slow to 3% thereafter. If you require a 10% return, calculate Po. [2pt] 0 1 2 12% 2 3% 3 4 S 31 32+ Lowes is expected to pay a dividend of $2 at the end of the year. Following that, dividends will grow at 12% for one year, and then slow to 3% thereafter. If you require a 10% return, calculate Po. [2pt] 0 1 2 12% 2 3% 3 4 S 31 32+